Quad-C Management, Inc., a Virginia-based private equity firm focused on business services, general industrial, aerospace, transportation industries, has announced the close on its investment in Textum Weaving and its affiliates, the company said.
The acquisition will expand the company´s growth with enhanced technical and production capabilities.
Terms of the investment were not disclosed.
Textum is a manufacturer of advanced, high-performance textiles. The company focuses on novel reinforcement technologies that are exposed to complex loading in extreme environments.
Quad-C is a middle market private equity firm has invested over USD 3 billion of capital in over 65 companies.